Airbus and Boeing trade blows

Airbus and Boeing traded blows yesterday ahead of a final World Trade Organisation ruling on claims Boeing received subsidies, in a tit-for-tat case brought by the European Union over similar US claims against Airbus. An Airbus spokeswoman said in a statement that the report would confirm Boeing got “massive illegal subsidies” from research grants. A spokesman for Boeing said illegal European subsidies to Airbus which the WTO has already identified in a previous case “dwarf” those in the counter-suit.